Copper is trading lower once again as concerns about chinese slowing growth prop up. Similarly, trade and the u. K. Is off by half a percentage point. No end to the woes for commodities Going Forward. Interestingly, the other thing on investors minds is the fomc. We haveday meeting, seen the dollar drop off by 2 10 of a percent. We would see any sort of rate hike come september. Those futures funds tend to signal a 28 rise likelihood of the federal rate hike come september. Much more probability later in the year, but money is being taken off the table when it comes to the dollar. On the flipside that is where you were seeing most of the trading. The euro is up some 2 10 of a percent, not music to mario draghi sears. Draghis ears. We have some interesting stories out there for you. One is in focus because of talk about the strategic reviews that could be coming as soon as october. There is a rice discussion in the market about whether they could the uploading a u. S. Private banking un
Of february of 2009. Art cashin joins us as well. What is drooeg all this today . Emerging market currencies, and right. So far the s p stopped at about 2020, which is where it held wack on november 16th before it started a pretty significant rally. So well watch that. If we weaken again, if they violate that area, we could be in a little bit of trouble. Were looking at technicals here, but the markets are very nervous. The buyers are if not on strike, certainly on the sidelines. You had drawn 2040 earlier in the week as a line to be watched. This is decisively on the up side. Yep. We went right through it, and youre building a series of lower highs and lower lows, so the technical aspect of the market is not very good at all. Anything the fed is going to do thats going to surprise the market at this point aside from, i guess, not raising. The question traders have been asking all week is if the markets keep acting like this going in, what is the fed going to do . Theyre in a quiet per
The kittens in a desperate bid to broker peace with militants. Talks began in arkansas last week. Both government and thought of on militants have agreed to taunt the future of a lap full fees if the two preconditions. It is seen as a bold move by the law sharif i stopped taking place in the back double the speed off to directx. That was shown to be still to be focused on one surgeons and the government began last weekend stumble onto an assistant duties hundred dollars with the stones to success. I got to talk and focus on scotsman to stop the strictest any food since two thousand stated. But i missed in the washer deep into the sunset. Nobody can find a negotiated two teams and stop fighting. Its on cd the company to ship to be but you need to cope with what goes on to the team city could you. The thought that was given to a cycle they would be very useful form and both of. We have decided to pull from a disease of authority and didnt oppose form of meaningful dialogue sure food is b
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They got from me. Gwen will apologies be enough . Races governors delivered different messages. For virginia. Night. A great for new jersey. And for 2016. Know that if we can do this n trenton, new jersey, maybe the folks in washington, d. C. Should tune in their tvs right done. D see how it is gwen the senate moves to ban againste discrimination homosexuals. It is about opportunity, about whether every American Dream the same dream, chase the same ambitions, and the same shot at success. Itn but will the house stop in its tracks . Covering the week, david wessel wall street journal, Christi Parsons of tribune newspapers. Slate magazineof and cbs news and ed okeefe of. E washington post. Award winning reporting and covering history as it happe happens. Capital, our nations this is Washington Week with gwen ifill. Corporate funding for Washington Week is provided by at Northrup Grumman we know evolving. E always at first we were protecting networks. Then we were protecting the of data.